Insights Invoice Factoring Blog
What to Do When the Bank Says No: Alternative Financing for Small Businesses
Other Sources of Business Funding Small businesses tend to operate right on the edge, which means that most of them will need some financing assistance sooner or later. Unfortunately, getting a bank loan is not possible for a lot of growing businesses. More than half of all business loan applicants are denied, and most of…
Five Ways Outsourcing Can Help Your Business Grow
In the world of business, growth is everything. If you have been trying to take your company to the next level, but haven’t quite been able to figure out how to do it, outsourcing might just be the answer.Outsourcing can help your company to grow in the following ways: 1. Maintain Flexibility Employees are…
Small Businesses Fuel US Economy
Small businesses are the backbone of the U.S. economy and job market. Nearly 95 percent of all employer-operated businesses in the United States are small businesses. More than half of all Americans either own or work for a small business, and they create two out every three new jobs in the U.S. each year. Without…
Boost Your Profits and Productivity Outsourcing These 3 Tasks
Running a small business is always a tough thing to do. When you are in charge, you’re responsible for everything that happens, from how customers are served to how employees are paid. As a business owner, it’s tempting to take a hands-on approach to everything that happens under your watch, but that is not always…
7 Creative Financing Options for Your Struggling Business
If your business is moving through a tough time, cash flow can be a huge struggle. Even when sales are picking up and you’ve averted a real crisis, not being able to pay vendors or staff will stop your operations in their tracks. You may not think that you are lendable when your business is…
6 Tips to Create a Balanced Budget for Your Business
Follow these Ways to Manage Income and Expenses Properly A properly established budget can be a valuable tool when it comes to managing business expenses. It can be difficult to make meaningful estimations of income and expenses when business conditions are fluid, however. The following tips can help you gain an idea of how to…
Streamline Your Business Outsourcing These 5 Operational Tasks
One of the best things you can do for your business, whether it is just starting up or you are in a growth spurt, is to outsource a number of jobs. It lets your business scale up without costing you too much money. The problem is managing your outsourcing efforts. 1. The Recruitment Process Outsourcing…
What to Do When Clients Don’t Pay Their Bills on Time
How to Collect on Unpaid Invoices Some customers can have difficulty paying their invoices on time. When you come across such customers while doing business with them, there are a few things that you can do to help with collection. You can also take steps to ensure that this doesn’t happen in the future. The…
Growth Leads to Expansion of Universal Funding Team
Universal Funding is pleased to announce that Megan Coleman, Angie Roskowyk and Corrina Zion have joined the company in response to its continued growth. Megan Coleman is an Account Executive managing accounts receivable funding and maintaining day-to-day interactions with clients. Coleman previously worked as a Senior Financial Services Representative at Alaska USA Federal Credit…